Four courageous Londoners take on a GUINNESS WORLD RECORDS™ title attempt for the Longest Marathon Playing Pickleball (doubles) in the City of London next week
London dividend payouts slow as mining gravy train runs out of steam Investing London investors were left short-changed in the second quarter of the year as miners reined in dividends after years of blockbuster payouts, according to new research. Firms like Glencore and Rio Tinto have formed the bulk of payouts in the City in recent years as swinging commodity prices pushed up profits in the sector. However, [...]
Centamin set for £1.9bn takeover by gold mining giant Anglogold Ashanti Business The South African gold mining giant said Centamin was a "compelling strategic fit", highlighting the firm's Sukari mine in Egypt.
Sigmaroc’s revenue surges ahead of expectations as expansion plan pays off Commodities London-listed raw materials group Sigmaroc has seen its revenue surge past expectations following a push to diversify its strategy, it said today. The company, which is headquartered in London, grew its revenue by 60 per cent in six months ending June 30, 2024, hitting £468.8m from £290m in the same period last year. Sigmaroc said this [...]
BHP: World’s largest miner reports profit slump due to ‘uneven’ China recovery August 27, 2024 "In the near term, we expect volatility in global commodity markets," BHP said.
Glencore: FTSE 100 mining giant opts against coal spin-off after investor feedback August 7, 2024 Glencore no longer plans to demerge its coal business after an “overwhelming majority” of shareholders told the mining giant to retain the division. The FTSE 100 constituent had planned to spin off its coal business after it completed the $7bn (£5.51bn) acquisition of Teck Resources’ steelmaking coal business in November last year. However, on Wednesday, [...]
Rio Tinto chief rejects calls to drop London Stock Exchange listing to focus on Australia July 31, 2024 The world's second biggest miner holds a dual-listing on the London and Sydney Stock Exchanges, but has faced calls from investors to prioritise Australia.
Rio Tinto profit edges higher as miner eyes copper takeover July 31, 2024 Rio Tinto's profit edged up 1.8 per cent during the first half of the year, as the miner has begun to eye a takeover in the copper space.
Top shareholder says Anglo should close ‘unfeasible’ Yorkshire mine July 28, 2024 One of Anglo America's top investors has called for the London-listed miner to mothball its flagship fertiliser mine in North Yorkshire because it won't provide a good enough return on investment.
Anglo American: Slowdown at Yorkshire site causes hefty write down July 25, 2024 A set back in one of its Yorkshire crop nutrients facilities dragged on Anglo American's first set of results since shrugging a off a takeover attempt from Australian rivazl BHP.
Fresnillo: ‘steady’ performance allows miner to maintain guidance July 24, 2024 Bumper lead and zinc output and improved access to higher grade areas has helped Mexican miner Fresnillo to maintain its full year guidance despite poor weather being a drag on the much of the area's mining sector.